CCLA selects FINBOURNE to advance data management and investment decisions 

30^th July 2024 – FINBOURNE Technology, architects of an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market, announced today that CCLA, the UK’s largest charity fund manager¹, has chosen FINBOURNE to enhance its data management capabilities. The move is set to boost CCLA’s operational efficiency and investment decision-making, positioning the firm for future growth.

FINBOURNE’s EDM+ was selected by CCLA for its preconfigured understanding of financial products, its ability to manage every asset class, and its flexibility to consume different data sets from multiple providers. CCLA also benefits from the platform’s bi-temporal engine, which allows them to rewind to specific points in time across two different timelines – for instance, the time of an event and the time it was logged in a system – enabling more precise reporting and evaluation of investment performance.

Simon Lumsdon, Deputy COO of CCLA, said: “Our mission is to provide exceptional investment management services for our clients. In order to continue to deliver on our commitment to investors, we needed a solution that could manage wide ranging data sets efficiently to help us improve our reporting capabilities and support our growth. FINBOURNE’s mature and flexible EDM+ stood out as the ideal partner to help us achieve these goals.”

Thomas McHugh, CEO of FINBOURNE said: “EDM+ is designed to address the complex needs of asset managers, offering real-time problem-solving and the flexibility to consume different data sets from a broad range of providers. We believe our solution will provide CCLA with the data structure they need, not only to significantly enhance CCLA’s operational efficiency, but crucially their investment decisions.”

About FINBOURNE Technology  

FINBOURNE combines extensive technical expertise in financial services data management with a best-in-class, open, cloud-based investment management and servicing product ecosystem. By deploying our solutions, our clients can better aggregate, manage and utilise data across their organisations.

With operations across North America, the UK and Europe, Asia and Australia, FINBOURNE’s data management solutions help financial services firms improve their investment management and servicing capabilities.

FINBOURNE is trusted by some of the world’s leading financial services firms, including Fidelity International, London Stock Exchange Group, Baillie Gifford and Northern Trust.

For more information on FINBOURNE Technology visit www.finbourne.com or contact sales@finbourne.com.

About CCLA 

CCLA has a long track-record of instigating change for a better world with its pioneering work on climate, modern slavery, and mental health. Founded in 1958, CCLA is independently owned by its clients in Churches, Charities and Local Authorities and staff with £14.966 billion of assets under management as at 30 June 2024.

CCLA Investment Management Limited (Registered in England & Wales under number 2183088) is authorised and regulated by the Financial Conduct Authority (FCA). Registered address, One Angel Lane, London, EC4R 3AB.

Media Contacts:

Laura Morrison

Aspectus Group

finbourne@aspectusgroup.com

¹ The Charity Finance surveys 2021, 2022 and 2023 named CCLA as the number one asset manager for charities in the UK.